The IRA advantage
An IRA (Individual Retirement Account) lets you save money for retirement tax-free until you are ready to withdraw it. You can set a fair amount of money aside each year and watch it grow. All withdrawals are taxable.
We currently have traditional IRAs available, as well as an IRA certificate of deposit (CD), which lets you earn a higher rate in return for leaving your money untouched. We are currently paying an annual percentage yield of 0.30% on IRA savings accounts. For IRA CDs, see our rates for regular CDs. If you’re interested in a Roth IRA, get in touch with our retirement and investment consultant.
Why choose Arsenal?
When it comes to retirement, you want a financial institution that truly cares about your well-being. We are 100 percent not for profit and member owned – which means we’re invested in your financial success, not just our own.
Save your money
Reduce the burden on your annual taxes by putting some of your money in an IRA.
Grow your money
Earn monthly interest on a traditional IRA and quarterly interest on an IRA CD.
Protect your money
IRA accounts at Arsenal are federally insured by the National Credit Union Administration (NCUA).
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